RE Rumor Mill: Water St., Wharton, Yeshiva Apartments

Law360, New York (March 19, 2014, 6:43 PM EDT) -- Oestreicher Realty is reportedly poised to sell 160 Water St. in New York City to Emmes Realty for about $160 million. The New York Post reported that the parties agreed to the off-market deal for the 480,000-square-foot property, valuing it at about $333 per square foot. Emmes reportedly purchased the adjacent 180 Water St. for $151 million last year from Alfons Melohn. AIG previously occupied 160 Water, which is now home to New York City Health & Hospitals and Beth Israel Medical Center, while the city's...
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